CIOCoverage is an official Media Partner with Open Banking Expo 2024 starting from October 15th 2024. If Open Banking, Open Finance, Smart Data, or Open Banking payments is your thing, Open Banking Expo is the must-attend event of 2024. The event SOLD OUT in 2023 and returns this year with an expanded exhibition hall and …
Category Archives: small-blog
Nexperia Invests $200 Million in German Semiconductor Expansion Amid EU Scrutiny
Nexperia, a leading global producer of fundamental semiconductors like diodes and transistors, announced on June 27 a $200 million investment to enhance capacity at its primary manufacturing site in Hamburg, Germany. This investment, made by the Dutch-headquartered Nexperia, which is owned by Chinese electronics company WingTech, stands out as a rare instance of a semiconductor …
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Democrats Question Biden’s 2024 Presidential Run After Trump Debate
Following a debate with Donald Trump, some Democrats are expressing doubts about Joe Biden’s bid for the 2024 US Presidential Election. Elaine Kamarck of the Brookings Institution mentioned to Reuters that replacing Biden would be a complex task. Currently, the Democratic Party does not have a clear backup plan for replacing Biden as their 2024 …
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Oil & Gas Digital Transformation Conference & Exhibition | PTN Events
CIOCoverage is an official Media Partner with Oil & Gas Digital Transformation Conference & Exhibition starting from Sept 25th 2024. The Oil & Gas Digital Transformation Conference & Exhibition offers unique opportunities to enhance profitability and maximize efficiencies in oil and gas production. Join our exclusive event on the horizon, featuring top-notch content and thought …
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Cohere Raises $450 Million in Funding Round, Eyes $5 Billion Valuation
Canadian AI startup Cohere has successfully obtained $450 million in funding. The investment comes from returning backers like Nvidia and Salesforce Ventures, along with new supporters such as Cisco and PSP Investments, a Canadian pension fund, according to a source with knowledge of the deal. This investment completes the initial phase of Cohere’s extensive fundraising …
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SoftBank Group to Boost U.S. Power Generation for Global AI Projects, Seeks Major Investments
Japan’s SoftBank Group plans to enhance its power generation operations, primarily in the United States, to support global generative artificial intelligence projects, founder Masayoshi Son announced in June 2024. SB Energy, backed by SoftBank Group, focuses on developing and running renewable energy projects across the United States. Son also indicated that the group would be …
Meta Launches AI-Powered Ads and Business Chatbot on WhatsApp, Integrates Brazil’s PIX Payment System
Meta has introduced a new AI-powered advertising program on WhatsApp, aiming to generate revenue from the widely-used messaging platform, the company revealed during a conference in Brazil on Thursday. Mark Zuckerberg, CEO of Meta, unveiled the new features through a video presentation at the event. This development represents a significant pivot for WhatsApp, which is …
Elon Musk Announces Plans to Build ‘Gigafactory of Compute’ Supercomputer for xAI, Sets 2025 Goal
Tech billionaire Elon Musk has announced to investors his intention to construct a supercomputer, referred to as the ‘gigafactory of compute,’ aimed at advancing the capabilities of his AI venture, xAI, according to a report by an industry news source on May 25, 2024. Musk’s ambitious plan involves assembling a system using 100,000 Nvidia chips. …
10th Annual Digitalization in Oil & Gas Conference 2024
CIOCoverage is an official Media Partner with 10th Annual Digitalization in Oil & Gas Conference 2024 starting from Sept 4th 2024. The 10th Annual Digitalization in Oil and Gas continues to explore the intersection between digitalization and decarbonization and the transformation required across the sector to remain relevant, resilient and achieve business value. Building for …
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The Future of UK Connectivity | Connected Britain 2024
CIOCoverage is an official Media Partner with Connected Britain 2024 starting from Sept 11th 2024. We’ve been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the …
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